Analysis and Prediction of China´s Energy Consumption Based on LMDI Method

Author

Mu, Hailin ; Zhang, Ming ; Ning, Yadong

Author_Institution

Key Lab. of Ocean Energy Utilization & Energy Conservation of Minist. of Educ., Dalian Univ. of Technol., Dalian, China

Volume

2

fYear

2009

fDate

24-26 April 2009

Firstpage

429

Lastpage

433

Abstract

China is now experiencing rapid development and has become the second largest energy consumer. China has presented the objectives of building a well off society in an all round way at the 16th National Congress of the Communist Party of China in 2002. Without question, the future society, with higher level of modernization and standard of living, will consume more energy. In this paper, the LMDI (Log-Mean Divisia Index) method is used to analyze the nature of the factors that influence energy consumption during the period 1980-2006. Another contribution of this paper is to develop a forecasting model (LMDIED) based on the LMDI method, in which the effects from each factor can be displayed.

Keywords

energy consumption; socio-economic effects; China; LMDI method; energy consumption; log mean divisia index method; Economic forecasting; Economic indicators; Educational technology; Energy conservation; Energy consumption; Marine technology; Oceans; Optimization methods; Power generation economics; Predictive models;

fLanguage

English

Publisher

ieee

Conference_Titel

Computational Sciences and Optimization, 2009. CSO 2009. International Joint Conference on

Conference_Location

Sanya, Hainan

Print_ISBN

978-0-7695-3605-7

Type

conf

DOI

10.1109/CSO.2009.135

Filename

5193988